Cheswold, DE is a great place to live for those looking for an affordable lifestyle. The average rent for a two bedroom apartment is $1,120, which is significantly lower than the national average of $1,430. In addition to cheaper housing costs, Cheswold also has a grocery cost index of 104 versus the US average of 100. This means groceries in Cheswold are slightly more expensive than elsewhere in the country.
Within Cheswold you can find many local companies such as Griffin's Auto Repair and Doherty's Construction. Additionally, there are several notable attractions in Cheswold such as the Cheswold Skate Park and the Chestnut Grove Nature Preserve with its wide array of walking trails. Whatever your interests may be, Cheswold has something to offer everyone!
Cheswold has an unemployment rate of 7.5%. The US average is 6.0%.
Cheswold has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Cheswold
- The Sales Tax Rate for Cheswold is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Cheswold is 6.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cheswold
- The average income of a Cheswold resident is $27,788 a year. The US average is $37,638 a year.
- The Median household income of a Cheswold resident is $60,766 a year. The US average is $69,021 a year.